UMD business fraud prevention seminar aims to curb online financial crimes
University of Maryland, Prince George's County police hosting business fraud prevention seminar
Prince George's County police and the University of Maryland are looking to educate the public about red flags when it comes to cyber criminals. This weekend, they're holding a seminar to go over all the dangers and FOX 5's Bob Barnard has a preview.
COLLEGE PARK, Md. - Law enforcement and the University of Maryland are working to curb online financial crimes.
The school's Justice for Fraud Victims Project, a club that offers victims of fraud in the D.C. region pro bono forensic accounting and examination support, held a business fraud prevention seminar Friday to address the rising trend of financial crimes against businesses.
The seminar featured presentations from the Prince George's County Police Department, the FBI, U.S. Secret Service, the U.S. Postal Inspection Service, and the Federal Trade Commission.
The conference addressed business email compromises, mortgage wire transfer frauds, bank account takeovers, ransomware attacks, invoice fraud, identity theft apartment rental scams, embezzlement, and mail fraud.